IndiGo Fined ₹458 Cr GST Penalty; Airline Vows to Challenge Government Decision

• Government imposes ₹458 crore GST penalty on IndiGo for assessment period FY 2018-19 to FY 2022-23.
• Penalty relates to GST on compensation received from foreign suppliers and disallowance of Input Tax Credit.
• IndiGo states the GST department's order is incorrect and unlawful, confirming plans to challenge it legally.
• This is IndiGo's third GST demand notice in December, following previous demands of ₹58 Cr and ₹117 Cr.
• The airline asserts its operations will remain unaffected despite the ongoing legal dispute.

Why It Matters: IndiGo faces a ₹458 Cr GST penalty, plans legal challenge, citing incorrect and unlawful order.